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Re: SPM555 post# 27899

Tuesday, 01/30/2024 10:41:11 AM

Tuesday, January 30, 2024 10:41:11 AM

Post# of 29298
Sorry to be the bearer of bad news but it's important that the truth is spread as much as possible. I'm actually a big bull on these old Frank tickers, I think they're going to be used for mergers still and some will be quite successful. That said, their purpose will be to raise capital and the best ones will want to uplist, so that means dilution and reverse splits. That will send many of the retail traders away buy my prediction is that there will be some successful mergers who actual do proper splits and are able to grow faster than they dilute, and there will be lots of upside even for the ones that needed to clean up their share structures.

I don't think the retail market is ready to have this conversation, but imo the best shells will be sneaky good buys on the sell offs when the A/S are raised and the splits are announced. The key will be getting the o/s somewhere in the 50 million - 100 million range, so for a ticker like this I'd actually like to see a 50 for 1 split. It would cause a sell off but smart money would buy it up imo and then you'd have a clean vehicle for the merger and uplisting. Again, I don't think retail is ready for this conversation because most are too short term of thinkers, but this is a very interesting time in the OTC for these shell plays. 2024 I think will shock people.